Turning market sentiments?

I think market sentiment is turning- seeing a lot more of doom and gloom lately
'Perfect storm of issues' leaving Aussies on verge of mortgage crisis
Another article that @Angel just posted here Article from the ABC about a housing crash

 

This is media sentiment but not the reality of market sentiment (at least where I'm trying to buy!)

 

Sydney?

 

Doom and gloom sells - media 101

Cheers

Jamie

 

I think people miss the point of a negative sentiment. Its not about the crash, because most households can ride through a downturn. It really affects a small group who overstretched and are fored to foreclose.

The broader impact is simly that the market enters its cyclical stagnation phase, which can last around 7 years. The question for many investors is; why would you take on a negatively geared asset with flat capital returns for 7 years, when supply is so competitive yhat youl be buying a sub-standard asset?

 

Yes Sydney Inner West & Eastern suburbs, 5-8km radius of Newcastle CBD (Mayfield and Georgetown) are going gangbusters and the NSW Central Coast.

 

It is all from the ABC. Let them hype up this ********.

With all this negative sentiment , maybe negative gearing will slide off the political agenda and BS/ALP/Greens will look like the idiots they are .

 

Yup I agree with Newcastle- stocks selling in one week

 

Works both ways? Seeing signs of recovery in parts of Darwin and hear that Perth is starting to slowly creep forward as well? Hell even karatha is looking like it might have bottomed out!

ABC is Sydney centric. Most of the journos are young and probably priced out of Sydney. The same goes for most of the other media. How do you suppose that they're going to view property?

There is more than one cycle happening around the country. The MSM often fails to see that...